Bharat Petroleum (NSE:BPCL) Interest Expense : ₹-41,489 Mil (TTM As of Mar. 2024)

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What is Bharat Petroleum Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bharat Petroleum's interest expense for the three months ended in Mar. 2024 was ₹ -16,064 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-41,489 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Bharat Petroleum's Operating Income for the three months ended in Mar. 2024 was ₹ 74,356 Mil. Bharat Petroleum's Interest Expense for the three months ended in Mar. 2024 was ₹ -16,064 Mil. Bharat Petroleum's Interest Coverage for the quarter that ended in Mar. 2024 was 4.63. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Bharat Petroleum Interest Expense Historical Data

The historical data trend for Bharat Petroleum's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Bharat Petroleum Interest Expense Chart

Bharat Petroleum Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-20,847.10

-19,466.30

-23,313.20

-42,627.70

-41,488.90

Bharat Petroleum Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-14,870.70	-8,690.90	-9,732.10	-7,001.80	-16,064.10

Bharat Petroleum Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-41,489 Mil.

Bharat Petroleum (NSE:BPCL) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Bharat Petroleum's Interest Expense for the three months ended in Mar. 2024 was ₹-16,064 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹74,356 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹354,773 Mil.

Bharat Petroleum's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	74356.4	/	-16064.1
	=	4.63

The higher the ratio, the stronger the company's financial strength is.

Bharat Petroleum (NSE:BPCL) Business Description

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500547:India

Address

4 and 6 Currimbhoy Road, Ballard Estate, Bharat Bhavan, P.O. Box No. 668, Mumbai, MH, IND, 400001

Website

https://www.bharatpetroleum.in

Bharat Petroleum Corp Ltd operates several refineries in India, while also marketing and distributing petroleum by-products. Operations are divided into the business segments: Downstream Petroleum (majority of revenue) and Exploration and Production of hydorcarbons. Downstream Petroleum operations include the refineries that produce liquefied petroleum gas, aromatics, kerosene, fuel oil, furnace oil, and bitumen. Bharat's petroleum by-products are often commanded by consumers in aviation, autos, maritime, and many other industrial segments. The Downstream Petroleum operations also include the network of retail service stations across India.

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